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Autodesk Acquires Assemble Systems to Strengthen Building Project Lifecycle; Continues Autodesk’s Investment in Construction Tech
**SAN RAFAEL, CA, July 9, 2018**—Autodesk, Inc. (NASDAQ: ADSK), a global leader in design and engineering software, today announced the acquisition of Assemble Systems, a Salem, Massachusetts-based company specializing in construction preconstruction software solutions. This move underscores Autodesk's commitment to transforming the architecture, engineering, and construction (AEC) industries through digital innovation.
Assemble Systems offers a Software-as-a-Service (SaaS) platform that helps construction professionals leverage Building Information Modeling (BIM) data to streamline processes such as bid management, estimating, scheduling, site operations, and financial tracking. Their technology has already been adopted by over 174 unique customers, covering nearly 1,000 sites and offices working on more than 12,700 projects worldwide. Notably, one-fourth of the ENR 400 customer base uses Assemble Systems' solutions.
According to Andrew Anagnost, President and CEO of Autodesk, "The integration of Assemble Systems into our portfolio strengthens our mission to digitize and modernize the construction sector. By combining their expertise with our BIM 360 platform, we aim to create a seamless ecosystem that empowers construction teams to achieve greater predictability and profitability throughout the lifecycle of a project."
Don Henrich, CEO of Assemble Systems, echoed these sentiments, stating, "Joining forces with Autodesk allows us to amplify the utility of BIM data across all stages of construction workflows. Together, we can accelerate the industry's transition toward smarter, more efficient practices."
The acquisition comes on the heels of Autodesk's significant investment in Assemble Systems during their Series A funding round last year. Both companies have collaborated closely since then to explore synergies and maximize their collective impact on the AEC space.
From a financial standpoint, Autodesk expects this acquisition to align with its previously issued guidance for the fiscal year ending January 31, 2018. The deal involved a mix of cash and stock, with Autodesk committing to offset the issued shares through its ongoing stock repurchase program within the current quarter.
Looking ahead, Autodesk remains optimistic about leveraging Assemble Systems' capabilities to enhance its own product suite while driving growth in the construction technology landscape. However, as with any strategic acquisition, there are inherent risks and uncertainties tied to integration challenges, market competition, and broader economic trends affecting the construction sector.
For those interested in learning more about Assemble Systems' offerings, visit [www.assemblesystems.com](http://www.assemblesystems.com). For additional details about Autodesk and its innovations, explore their official website at [www.autodesk.com](http://www.autodesk.com).
**About Assemble Systems**
Assemble Systems specializes in delivering advanced BIM data management solutions tailored for construction professionals. Their platform facilitates the conditioning, querying, and connection of BIM data to essential workflows, including bidding, estimating, scheduling, and financial oversight. With a robust user base spanning diverse sectors, Assemble Systems continues to redefine how construction teams harness data-driven insights.
**About Autodesk**
Autodesk stands at the forefront of digital design and engineering technologies, empowering creators across industries to bring their visions to life. Whether it’s designing cars, buildings, or films, Autodesk tools enable professionals to push boundaries and innovate like never before. Learn more about Autodesk's transformative solutions at [www.autodesk.com](http://www.autodesk.com).
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